Year in Review: Not the Best of Times

Transcontinental Inc. of Montreal eliminated 1,500 jobs as part of a rationalization measure. The company also instituted other cost-cutting initiatives, such as a hiring freeze, unpaid leave and reduced work weeks.

RR Donnelley targeted more than 200 job reductions at its Von Hoffmann plant in Jefferson City, MO, with workers either laid off for a few weeks or permanently.